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Saturday, March 17, 2012

Photo of the day: The Bolivian Engineer Battalion

The handover ceremony for the Bolivian Engineer Battalion took place in El Alto with President of Bolivia Evo Morales in attendance. A total of 374 engineering equipments from various Chinese companies were transferred under a $20 million loan from the PRC.

Friday, December 11, 2009

China to loan $40 Million to the Bolivian Army.

After securing a 57.8 million dollars deal to sell six K-8 jet trainers to the Bolivian air force in October 2009 (here) , China has agreed to another 40 million dollar loan to the Bolivian engineering battalions.

La Paz, Dec 4 (EFE) .- The Chinese Government will finance $ 40 million with the team of six battalions of Army engineers Bolivia, today announced President Evo Morales to commemorate the anniversary of an institution of the Armed Forces.

The president said at the military ceremony held in the city of Cochabamba, which this week approved a decree that Bolivia acquires the loan from China for the purpose of equipping the military engineers of La Paz, Tarija, Cochabamba, Pando and Oruro .

The loan of $ 40 million will be granted by the Export Import Bank of China and will be used to build facilities for national and international roads in the country.

In addition to this support, China is assisting Bolivia in the construction and commissioning in orbit its own satellite.

Morales participated in the anniversary of the Corporation of the Armed Forces for National Development (Cofadena), an entity that carries out productive activities, but which currently suffers from lack of resources.

Morales blamed the "neoliberal" situation "bankruptcy" of the institution of the military production and promised to give more support to strengthen its growth.

The Government today introduced Cofadena fifty tractors were assembled on site and is planning to do so soon with Iranian machines.

In this regard, Morales said Bolivia's technical and Iran begin dialogue on 24 November, when Iranian President Mahmoud Ahmadinejad visited La Paz.

1 comment:

On one hand I do fucking hate this, oh shit you use what we make, "har har bullshit" paradigm, but on the other I do fucking wonder what the rest of the American client states do for national fucking pride.